NASDAQ
EDBL

Edible Garden AG Inc

Farm Products
Consumer Defensive

Prices are adjusted according to historical splits.

Edible Garden AG Inc Stock Price

Vitals

Today's Low:
$0.8001
Today's High:
$0.88
Open Price:
$0.88
52W Low:
$1.46
52W High:
$55.2
Prev. Close:
$0.84
Volume:
299082

Company Statistics

Market Cap.:
$4.27 million
Book Value:
2.159
Revenue TTM:
$11.27 million
Operating Margin TTM:
-85.32%
Gross Profit TTM:
$648000
Profit Margin:
-112.92%
Return on Assets TTM:
-79.16%
Return on Equity TTM:
0%

Company Profile

Edible Garden AG Inc had its IPO on 2022-05-05 under the ticker symbol EDBL.

The company operates in the Consumer Defensive sector and Farm Products industry. Edible Garden AG Inc has a staff strength of 77 employees.

Stock update

Shares of Edible Garden AG Inc opened at $0.88 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.8 - $0.88, and closed at $0.82.

This is a -2.4% slip from the previous day's closing price.

A total volume of 299,082 shares were traded at the close of the day’s session.

In the last one week, shares of Edible Garden AG Inc have slipped by -58.8%.

Edible Garden AG Inc's Key Ratios

Edible Garden AG Inc has a market cap of $4.27 million, indicating a price to book ratio of 2.2364 and a price to sales ratio of 0.2318.

In the last 12-months Edible Garden AG Inc’s revenue was $11.27 million with a gross profit of $648000 and an EBITDA of $-7683000. The EBITDA ratio measures Edible Garden AG Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Edible Garden AG Inc’s operating margin was -85.32% while its return on assets stood at -79.16% with a return of equity of 0%.

In Q1, Edible Garden AG Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 10.3%.

Edible Garden AG Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-6.44 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Edible Garden AG Inc’s profitability.

Edible Garden AG Inc stock is trading at a EV to sales ratio of 0.7662 and a EV to EBITDA ratio of -1.0267. Its price to sales ratio in the trailing 12-months stood at 0.2318.

Edible Garden AG Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$11.28 million
Total Liabilities
$2.65 million
Operating Cash Flow
$0
Capital Expenditure
$361000
Dividend Payout Ratio
0%

Edible Garden AG Inc ended 2024 with $11.28 million in total assets and $0 in total liabilities. Its intangible assets were valued at $11.28 million while shareholder equity stood at $4.30 million.

Edible Garden AG Inc ended 2024 with $0 in deferred long-term liabilities, $2.65 million in other current liabilities, in common stock, $-22951000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $3.95 million and cash and short-term investments were $3.95 million. The company’s total short-term debt was $480,000 while long-term debt stood at $4.32 million.

Edible Garden AG Inc’s total current assets stands at $6.02 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $890000.00 compared to accounts payable of $1.76 million and inventory worth $1.02 million.

In 2024, Edible Garden AG Inc's operating cash flow was $0 while its capital expenditure stood at $361000.

Comparatively, Edible Garden AG Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$0.82
52-Week High
$55.2
52-Week Low
$1.46
Analyst Target Price
$7

Edible Garden AG Inc stock is currently trading at $0.82 per share. It touched a 52-week high of $55.2 and a 52-week low of $55.2. Analysts tracking the stock have a 12-month average target price of $7.

Its 50-day moving average was $1.27 and 200-day moving average was $3.55 The short ratio stood at 0.33 indicating a short percent outstanding of 0%.

Around 2399% of the company’s stock are held by insiders while 193.2% are held by institutions.

Frequently Asked Questions About Edible Garden AG Inc

The stock symbol (also called stock or share ticker) of Edible Garden AG Inc is EDBL

The IPO of Edible Garden AG Inc took place on 2022-05-05

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About

Edible Garden AG Incorporated, together with its subsidiaries, operate as a controlled environment agriculture farming company. It offers various packaged products, including cilantro, rosemary, mint, thyme, oregano, bay leaves, chives, poultry mix, sage, dill, buttercrunch living lettuce, basil, living butterhead lettuce, basil, parsley, arugula spring mix, baby arugula blend, baby romaine, and crisp ranch and Caesar salad kits. The company sells its products to various regional and national supermarkets. Edible Garden AG Incorporated was founded in 2020 and is based in Belvidere, New Jersey.

Address

283 County Road 519, Belvidere, NJ, United States, 07823